Examlex
In order to overcome the free-rider problem,many interest groups offer tangible benefits.What are tangible benefits?
Firms
Businesses or enterprises that produce goods or provide services in an economy.
Households
Individuals or groups of people living together as a single economic unit, making decisions about consumption and labor supply.
Invisible Hand
A concept introduced by Adam Smith to describe how individuals' pursuit of their own self-interest unintentionally benefits society as a whole.
Government Actions
Measures, policies, or interventions put in place by government entities to influence economic activity, societal welfare, or achieve specific policy objectives.
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